Key Indicators for Asia and the Pacific 2011

Philippines
Items

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

65.3
218
2.3
51.9

66.8
223
2.3
53.0

68.4
228
2.3
54.0

70.0
233
2.3
54.9

71.6
239
2.3
55.8

73.3
244
2.3
56.7

75.0
249
2.3
57.6

76.9
254
2.1
58.5

78.5
260
2.1
59.3

80.2
267
2.1
60.2

81.9
273
2.1
61.0

83.6
279
2.1
61.9

85.3
284
2.0
62.7

87.0
290
2.0
63.4

88.7
295
1.9
64.2

90.5
302
1.9
64.9

92.2
307
2.0
65.7

94.0
313
1.9
...

LABOR FORCE b, c thousand; calendar year

Employed
Agriculture
Manufacturing
Mining
Others
Unemployed c
Unemployment rate c percent
Labor force annual change, percent
Labor force participation rate c percent
Male
Female

26879
24382
11139
2457
135
10652
2497
9.3
2.2
65.6
83.0
48.4

27654
25032
11286
2539
111
11097
2623
9.5
2.9
65.5
83.0
48.2

28380
25677
11147
2617
107
11806
2704
9.5
2.6
65.8
83.0
48.5

29733
27187
11645
2696
113
12734
2546
8.6
4.8
66.7
83.5
49.8

28902
26365
10416
2720
122
13106
2537
8.8
-2.8
66.1
83.4
49.1

29674
26631
10091
2715
114
13711
3043
10.3
2.7
65.9
83.2
49.1

30759
27742
10774
2759
97
14111
3017
9.8
3.7
66.4
82.9
50.1

30911
27453
10181
2745
108
14419
3459
11.2
0.5
64.9
81.4
48.5

32809
29156
10850
2906
103
15295
3653
11.1
6.1
67.1
82.4
51.8

33936
30062
11122
2869
113
15958
3874
11.4
3.4
67.4
82.0
52.8

34571
30635
11219
2941
104
16372
3936
11.4
1.9
66.7
82.2
51.4

35862 I
31613
11381
3061
118
17054
4249 I
11.8 I
3.7 I
67.5 I
83.8 I
51.2 I

35287
32539
11719
3105
121
17594
2748
7.8
...
64.5
79.6
49.9

35788
32963
11815
3059
141
17948
2825
7.9
1.4
64.6
79.2
49.6

36213
33560
11785
3059
149
18567
2653
7.3
...
64.0
78.8
49.3

36805
34089
12030
2926
158
18974
2716
7.4
1.6
63.6
78.8
48.6

37894
35062
12044
2894
166
19958
2831
7.5
3.0
64.0
78.7
49.4

38894
36035
11956
3033
199
20847
2859
7.4
2.6
64.1
78.5
49.7

NATIONAL ACCOUNTS d billion Pesos; calendar year

At Current Prices
GDP by industrial origin at current market prices
Agriculture
Mining
Manufacturing
Electricity, gas, and water
Construction
Trade
Transport and communications
Finance
Public administration
Others
Net factor income from abroad
GNI at current market prices

1474.5
318.5
16.7
349.6
36.4
79.3
207.6
78.4
58.6
103.5
225.9
35.1
1509.5

1692.9
372.5
16.5
393.8
44.9
95.5
230.8
82.8
67.4
127.3
261.5
43.5
1736.4

1906.0
412.2
16.8
438.2
49.4
106.6
261.9
88.9
78.2
153.9
299.8
52.6
1958.6

2171.9
447.8
17.2
495.4
56.7
127.6
295.1
101.0
96.4
186.8
347.9
89.4
2261.3

2426.7 I
458.0 I
17.3 I
540.3 I
66.1 I
156.1 I
317.2 I
118.9 I
114.5 I
236.7 I
401.8 I
101.6 I
2528.3 I

2952.8
435.8
25.0
692.6
110.1
187.8
432.6
159.4
160.7
166.3
582.5
425.2
3378.0

3244.2
493.5
21.1
761.3
117.2
172.8
505.8
179.0
176.8
170.4
646.4
447.8
3692.0

3580.7
500.1
22.5
876.1
131.2
203.9
565.5
219.2
187.1
184.5
690.4
616.2
4196.9

3888.8
513.4
22.1
959.2
156.7
203.6
620.3
263.5
208.6
196.6
744.8
705.2
4594.0

4198.3
551.9
40.0
1036.7
161.9
213.3
663.7
296.8
225.3
200.4
808.4
780.8
4979.2

4548.1
577.8
51.1
1120.8
171.4
228.6
718.2
336.0
247.5
207.8
888.8
1022.8
5570.9

5120.4
681.3
54.2
1226.3
191.9
255.9
817.2
395.0
280.7
225.7
992.4
1184.7
6305.1

5677.7
719.1
69.6
1365.7
216.6
269.1
931.1
443.5
334.0
233.8
1095.3
1472.6
7150.3

6271.2
775.7
76.5
1481.3
234.3
308.2
1053.2
476.9
396.9
260.2
1207.9
1611.9
7883.1

6892.7
861.4
93.9
1567.7
251.1
365.5
1178.8
514.5
449.7
269.3
1340.9
1741.4
8634.1

7720.9
1022.5
95.4
1760.9
262.8
419.4
1316.1
548.9
499.9
285.9
1509.2
2055.3
9776.2

8026.1
1049.9
106.4
1706.4
271.9
460.4
1359.5
561.1
544.5
323.6
1642.4
2626.3
10652.5

9003.5
1108.7
128.7
1930.8
321.5
551.2
1563.8
586.2
622.4
372.3
1817.8
2992.6
11996.1

22.0
32.5
45.5

21.6
32.1
46.3

20.6
32.1
47.3

14.8
34.4
50.8

15.2
33.1
51.7

14.0
34.5
51.6

13.2
34.5
52.3

13.1
34.6
52.3

12.7
34.6
52.7

13.3
33.8
52.9

12.7
33.8
53.5

12.4
33.5
54.1

12.5
33.1
54.5

13.2
32.9
53.9

13.1
31.7
55.2

12.3
32.6
55.1

1692.9
1258.8
182.8
400.1
7.2

1906.0
1411.9
217.0
423.2
4.7

2171.9
1595.3
259.5
508.7
12.9

2952.8
2139.8
392.1
677.0
-1.3

3244.2
2360.3
396.4
655.6
-57.5

3580.7
2585.3
409.0
772.3
-133.6

3888.8
2863.5
430.9
790.2
50.4

4198.3
3102.4
443.9
841.9
163.9

4548.1
3381.6
464.0
918.4
104.2

5120.4
3814.9
480.4
1014.7
65.0

5677.7
4259.1
513.3
1103.3
93.6

6271.2
4678.0
575.7
1235.1
-132.6

6892.7
5064.5
640.0
1343.4
-176.6

7720.9
5739.6
681.9
1491.0
-29.0

8026.1
5993.4
791.4
1496.0
-194.4

9003.5
6442.0
875.3
1815.4
1.6

POPULATION
Total population a million; as of 1 July
Population density persons per square kilometer
Population annual change, percent
Urban population percent of total population

Structure of Output percent of GDP at current market prices

Agriculture
21.6
Industry
32.7
Services
45.7
Expenditure on GDP at current market prices
Private consumption
Government consumption
Gross fixed capital formation
Increase in stocks

1474.5
1122.5
149.1
350.5
3.1

18.9
32.1
49.0
2426.7 I
1762.0 I
319.9 I
592.6 I
8.7 I

Page 1 of 10

PHILIPPINES

1993

ASIAN DEVELOPMENT BANK

Philippines
Items
Intellectual property products
Exports of goods and services
Less: Imports of goods and services
Statistical discrepancy

1993

1994

1995

1996

...
462.4
586.9
-26.2

...
572.6
679.4
-49.2

...
693.0
842.1
-1.8

...
879.8
1070.6
-13.7

74.4
10.8
24.1
33.8
40.1
-2.9

74.1
11.4
22.5
36.4
44.2
-0.1

73.5
11.9
24.0
40.5
49.3
-0.6

72.6
13.2
24.8
49.0
59.3
-0.2

734.2
167.1
11.6
181.3
20.3
38.3
112.5
42.9
29.9
38.1
92.3
17.3
751.5

766.4
171.4
10.8
190.4
23.1
41.8
116.9
44.8
31.5
40.1
95.6
19.8
786.1

802.2
172.8
10.0
203.3
26.1
44.5
123.4
47.4
33.9
41.6
99.2
22.3
824.5

849.1
179.5
10.2
214.6
28.0
49.3
130.2
50.9
38.5
44.1
103.8
35.1
884.2

893.2 I
185.0 I
10.3 I
223.7 I
29.4 I
57.3 I
135.3 I
55.1 I
43.5 I
45.2 I
108.3 I
37.5 I
930.7 I

2.1
2.1
1.6
2.5

4.4
2.6
5.8
4.2

4.7
0.9
6.7
5.0

5.9
3.8
6.4
6.4

734.2
578.6
58.7
164.1
2.3
...
256.5
322.5
-3.5

766.4
600.1
62.3
176.4
4.4
...
307.2
369.3
-14.8

802.2
623.0
65.8
184.7
2.5
...
344.2
428.5
10.6

849.1
651.8
68.5
206.9
3.6
...
397.2
500.2
21.4

Structure of Demand percent of GDP at current market prices

Private consumption
76.1
Government consumption
10.1
Gross domestic capital formation
24.0
Exports of goods and services
31.4
Imports of goods and services
39.8
Statistical discrepancy
-1.8
At Constant Prices
GDP by industrial origin at 1985 I 2000 market prices
Agriculture
Mining
Manufacturing
Electricity, gas, and water
Construction
Trade
Transport and communications
Finance
Public administration
Others
Net factor income from abroad
GNI at 1985 I 2000 market prices
Growth of Output annual change, percent
GDP
Agriculture
Industry
Services
Expenditure on GDP at 1985 I 2000 market prices
Private consumption
Government consumption
Gross fixed capital formation
Increase in stocks
Intellectual property products
Exports of goods and services
Less: Imports of goods and services
Statistical discrepancy

Page 2 of 10

1997
... I
1188.0 I
1438.9 I
-5.6 I

5.2
3.1
6.1
5.4
893.2 I
684.3 I
71.7 I
230.6 I
4.5 I
... I
465.3 I
567.7 I
4.4 I

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

14.8
1321.8
1591.5
0.1

17.0
1475.8
1603.3
-0.1

19.0
1839.4
1910.7
0.1

20.4
1789.9
2056.5
0.0

21.6
1962.6
2338.0
0.1

22.6
2144.8
2487.5
0.0

26.9
2487.1
2768.6
0.2

26.6
2619.5
2937.8
-0.2

26.9
2921.0
3032.9
-0.1

28.3
2981.8
2988.6
-0.1

27.2
2849.9
3039.7
0.1

30.1
2587.0
2677.4
0.1

32.3
3133.5
3296.7
0.1

72.5
13.3
23.4
44.8
53.9
0.0

72.8
12.2
19.0
45.5
49.4
-0.0

72.2
11.4
18.4
51.4
53.4
0.0

73.6
11.1
22.1
46.0
52.9
0.0

73.9
10.6
24.5
46.7
55.7
0.0

74.4
10.2
23.0
47.2
54.7
0.0

74.5
9.4
21.6
48.6
54.1
0.0

75.0
9.0
21.6
46.1
51.7
-0.0

74.6
9.2
18.0
46.6
48.4
-0.0

73.5
9.3
17.3
43.3
43.4
-0.0

74.3
8.8
19.3
36.9
39.4
0.0

74.7
9.9
16.6
32.2
33.4
0.0

71.6
9.7
20.5
34.8
36.6
0.0

3326.9
441.2
21.8
816.4
120.4
216.7
486.3
194.5
177.0
185.1
667.5
467.9
3794.8

3429.4
483.7
21.9
830.3
122.1
183.6
528.8
202.7
183.7
184.3
688.2
468.0
3897.4

3580.7
500.1
22.5
876.1
131.2
203.9
565.5
219.2
187.1
184.5
690.4
616.2
4196.9

3684.3
517.3
21.3
899.8
135.4
189.1
595.6
242.9
194.8
187.9
700.2
664.0
4348.3

3818.7
534.5
35.0
927.1
138.1
181.5
618.8
267.9
204.8
189.5
721.4
710.0
4528.6

4008.5
559.5
39.5
961.3
148.3
187.3
650.5
300.7
217.5
196.0
747.9
904.2
4912.6

4276.9
583.6
37.6
1011.6
158.7
198.4
698.8
337.0
232.7
210.7
807.7
985.4
5262.3

4481.3
596.7
43.6
1062.6
160.9
198.2
740.3
360.9
257.3
212.1
848.7
1148.6
5629.9

4716.2
618.5
43.5
1106.1
165.6
217.6
784.4
376.4
287.8
219.6
896.8
1195.1
5911.3

5028.3
647.7
51.6
1145.5
174.7
249.4
851.9
408.1
317.1
222.7
959.6
1247.7
6276.0

5237.1
668.5
50.9
1194.9
186.6
266.8
863.7
424.0
322.7
227.2
1031.8
1352.9
6590.0

5297.2
663.7
59.1
1137.5
184.9
285.0
875.6
423.4
340.3
241.0
1086.5
1691.5
6988.8

5701.5
662.7
65.9
1264.5
203.3
325.8
948.7
427.8
374.7
255.1
1173.0
1859.8
7561.4

...
...
...
...

3.1
9.6
-1.5
4.5

4.4
3.4
6.5
3.3

2.9
3.4
1.0
4.0

3.6
3.3
2.9
4.2

5.0
4.7
4.3
5.5

6.7
4.3
5.2
8.3

4.8
2.2
4.2
5.8

5.2
3.6
4.6
6.0

6.6
4.7
5.8
7.6

4.2
3.2
4.8
4.0

1.1
-0.7
-1.9
3.4

7.6
-0.2
11.6
7.2

3326.9
2362.4
428.6
739.6
-6.1
14.9
1468.2
1680.6
0.1

3429.4
2457.6
413.0
692.8
-59.4
17.2
1617.4
1709.1
-0.2

3580.7
2585.3
409.0
772.3
-133.6
19.0
1839.4
1910.7
0.1

3684.3
2690.9
402.5
751.3
46.0
18.1
1709.4
1933.8
-0.1

3818.7
2828.3
386.5
773.2
151.0
18.8
1789.1
2128.4
0.1

4008.5
2983.7
400.4
825.6
94.1
19.2
1869.8
2184.4
0.3

4276.9
3161.9
408.5
840.5
54.9
22.5
2108.4
2319.7
-0.2

4481.3
3301.8
416.9
861.1
61.7
22.2
2212.8
2395.2
-0.0

4716.2
3439.9
461.1
906.8
-128.9
24.2
2491.6
2478.5
0.3

5028.3
3598.4
492.9
956.6
-181.4
23.1
2659.7
2521.1
0.1

5237.1
3730.9
494.4
988.8
-25.8
21.8
2588.5
2561.5
0.0

5297.2
3817.9
548.3
968.9
-93.6
24.1
2385.8
2354.1
0.1

5701.5
3945.8
570.2
1157.4
1.4
24.8
2886.1
2884.3
0.0

Key Indicators for Asia and the Pacific 2011

Philippines
Items

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

3.0
6.2
7.9
6.2
11.5

3.7
6.1
8.7
19.8
14.5

3.8
5.6
3.5
12.0
16.0

4.6
4.1
12.5
15.4
16.7

5.0
4.6
11.7
17.2
13.5

...
...
...
...
...

4.0
-3.6
-13.1
10.2
1.7

5.2
-1.0
1.1
13.7
11.8

4.1
-1.6
24.0
-7.1
1.2

5.1
-4.0
15.7
4.7
10.1

5.5
3.6
-0.4
4.5
2.6

6.0
2.0
-2.2
12.8
6.2

4.4
2.1
3.0
5.0
3.3

4.2
10.6
-15.1
12.6
3.5

4.6
6.9
-0.5
6.7
1.7

3.7
0.3
23.4
-2.7
1.6

2.3
10.9
-8.7
-7.8
-8.1

3.4
4.0
31.6
21.0
22.5

353.6
253.7
202.9
35.1
15.8

407.4
326.8
251.4
43.5
32.0

427.9
361.0
277.0
52.6
31.3

521.6
418.6
317.1
89.4
12.1

601.2 I
515.5 I
344.8 I
101.6 I
69.1

690.5
...
420.8
425.2
... I

615.0
1161.4
487.5
447.8
226.1

657.7
1451.9
586.4
616.2
249.4

861.0
1649.4
594.4
705.2
349.8

1027.4
1829.1
652.0
780.8
396.3

1045.2
2179.8
702.5
1022.8
454.5

1106.6
2523.1
825.1
1184.7
513.3

1223.6
3005.4
905.4
1472.6
627.5

1129.4
3306.6
1017.5
1611.9
677.2

1195.0
3582.8
1188.3
1741.4
653.1

1489.2
4030.5
1299.4
2055.3
675.8

1331.7
4643.8
1241.3
2626.3
776.2

1849.4
5427.3
1686.2
2992.6
748.6

Savings and Investment percent of GDP at current market prices

Gross domestic saving
13.8
14.9
Gross national saving
17.2
19.3
Gross domestic capital formation
24.0
24.1

14.5
18.9
22.5

14.6
19.3
24.0

14.2
21.2
24.8

14.3
22.6
23.4

15.0
35.8
19.0

16.4
40.5
18.4

15.3
42.4
22.1

15.5
43.6
24.5

15.4
47.9
23.0

16.1
49.3
21.6

15.9
52.9
21.6

16.2
52.7
18.0

17.2
52.0
17.3

16.8
52.2
19.3

15.5
57.9
16.6

18.7
60.3
20.5

Growth of Demand annual change, percent

Private consumption
Government consumption
Gross domestic capital formation
Exports of goods and services
Imports of goods and services
Investment Financing at Current Prices
Gross domestic capital formation
Gross national saving
Gross domestic saving
Net factor income from abroad
Net current transfers from abroad

At Current Market Prices Pesos

Per capita GDP e
Per capita GNI e

22574
23111

25326
25976

27861
28630

31023
32301

33871 I
35288 I

40283
46085

43256
49227

46563
54576

49539
58522

52375
62115

55546
68037

61278
75456

66595
83867

72104
90638

77702
97334

85354
108075

87026
115503

95768
127600

PRODUCTION INDEXES period averages

Agriculture 19992001 = 100
Mining 1978 = 100
Manufacturing 1978 = 100

84.0
235.6
1025.9

85.0
134.9
1120.6

87.0
135.1
1288.7

94.0
146.6
1413.2

96.0
151.0
1488.3

88.0
161.3
1502.3

96.0
145.1
1577.0

99.0
163.8
1830.1

103.0
157.0
1963.1

107.0
231.2
2137.1

109.0
273.9
2266.9

116.0
287.5
2531.3

118.0
310.3
2883.9

122.0
301.8
3065.9

126.0
374.5
3259.6

132.0
370.6
3652.9

132.0
448.1
3364.6

...
...
...

ENERGY annual values

Crude petroleum f thousand metric tons
Production
Exports
Imports
Consumption g

528
328
13320
13601

265
209
14058
13954

151
109
18932
18736

52

20141
20430

47

20499
21369

46

18536
19871

50

18695
19562

66

18065
18603

124
48
17719
18201

850
529
14924
15014

797
773
14516
14711

722
700
11616
11664

920
887
12342
12600

843
814
12416
12267

944
915
11794
11921

1045
972
10980
10679

1332
1172
7959
8538

1265
1194
10665
10478

1463

1274
2847

1335

1113
2897

1220

1711
3116

1014

2984
4197

977

4248
5189

1049

4282
5624

1064

4858
6416

1221

6814
8762

1111

7601
8545

1522

5930
8008

1857

5935
8153

2484

6410
8586

2879

6656
10075

2305

7203
9547

3401
799
7729
10215

3609
893
9078
12043

4687
1994
7027
11494

6650
4099
10966
13306

26579
21209

30459
24593

33554
26593

36707
29240

39797
32289

41578
34138

41432
34142

45290
36555

47049
39140

48467
38625

52941
42720

55957
44076

56568
45159

56784
45672

59612
48009

60821
49205

61934
50868

67743
55266

Coal thousand metric tons

Production
Exports
Imports
Consumption
Electricity million kilowatt-hours
Production
Consumption

Page 3 of 10

PHILIPPINES

1993

ASIAN DEVELOPMENT BANK

Philippines
Items

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

Retail prices Pesos/liter

Gasoline, premium
Diesel

10.00
7.00

9.67
7.04

9.07
7.00

9.77
7.19

11.61
7.84

12.17
8.25

12.74
8.81

16.17
12.16

17.78
14.10

17.21
13.95

20.18
15.83

25.01
20.01

31.54
28.36

38.95
34.25

39.15
34.14

45.72
39.02

35.95
28.24

43.47
34.19

PRICE INDEXES 1994 I 2000 = 100; period averages

Consumer (national)
Food h
Nonfood
Consumer (Metro Manila)
Food
Nonfood
Wholesale (national) 1998 = 100
Wholesale (Metro Manila) 1985 l 1998 = 100
Implicit GDP deflator 1985 I 2000 = 100

92.3 I
92.7 I
91.8 I
91.6 I
93.4 I
90.0 I
...
172.0
200.8

68.6
71.2
66.0
67.3
72.3
63.9
...
186.7
220.9

73.2
76.9
69.5
72.0
77.4
68.4
...
196.9
237.6

78.7
84.3
73.1
77.5
84.5
72.8
...
214.6
255.8

83.1
87.1
79.1
82.6
88.1
78.9
...
215.6 I
271.7 I

90.8
94.1
87.5
91.1
95.0
88.5
100.0
100.0
88.8

96.2
98.4
94.0
95.6
98.5
93.6
105.4
105.9
94.6

100.0
100.0
100.0
100.0
100.0
100.0
111.5
112.2
100.0

106.8
104.7
108.8
107.1
105.0
108.5
120.2
120.7
105.5

110.0
107.1
112.9
110.5
105.9
113.6
126.2
126.7
109.9

113.8
109.5
118.1
114.5
108.7
118.5
132.5
132.9
113.5

120.6
116.3
125.0
121.1
115.3
125.0
143.6
144.3
119.7

129.8
123.8
135.9
131.5
120.8
138.7
159.9
162.2
126.7

137.9
130.6
145.3
140.7
127.6
149.6
173.3
176.6
133.0

141.8
134.9
148.7
144.4
131.8
152.9
178.7
181.5
137.1

155.0
152.3
157.6
154.4
145.1
160.7
199.9
204.8
147.4

160.0
161.2
158.7
156.8
152.5
159.7
191.6
194.9
151.5

166.1
166.1
166.1
163.1
155.3
168.4
202.9
207.2
157.9

5.6
5.6
...
6.8

8.3
7.9
...
10.0

6.7
8.0
...
7.6

7.5
9.6
...
7.7

5.6
3.3
...
6.2

9.3
8.0
...
...

5.9
4.6
5.4
6.6

4.0
1.6
5.8
5.7

6.8
4.7
7.8
5.5

3.0
2.3
5.0
4.2

3.5
2.2
5.0
3.2

6.0
6.2
8.4
5.5

7.6
6.4
11.4
5.8

6.2
5.5
8.4
4.9

2.8
3.3
3.1
3.1

9.3
12.9
11.9
7.5

3.2
5.8
-4.2
2.8

3.8
3.0
5.9
4.2

MONEY AND BANKING i billion Pesos; as of end of period

Money supply (M1)
133.9
Currency in circulation
84.1
Demand deposits (excluding government deposits)
49.8
Quasi-money
341.8
Money supply (M2)
475.7
M3
480.3
M4
...
Foreign assets (net)
82.9
Domestic credit
682.1
Claims on government sector (net)
274.1
Claims on private sector
382.8
Claims on other financial institutions
25.2
Other items j
-289.2

152.0
95.7
56.3
451.1
603.0
607.6
...
99.3
821.6
299.8
484.4
37.4
-317.8

184.9
110.9
74.0
570.3
755.2
761.4
...
111.4
1084.0
335.3
701.0
47.7
-440.2

222.0
123.0
99.0
652.8
874.8
881.4
...
80.1
1507.7
377.2
1054.2
76.3
-713.0

258.3
143.6
114.7
795.6
1053.9
1066.0
...
-76.9
1922.9
468.2
1340.8
113.9
-792.1

281.5
146.1
135.4
856.9
1138.4
1144.6
...
140.5
1870.4
459.7
1263.4
147.3
-872.5

394.1
218.5
175.7
963.8
1357.9
1365.1
...
329.0
1923.3
528.8
1235.3
159.2
-894.4

392.1
189.9
202.2
1286.0
1678.1
1685.7
2284.8
352.8
2363.1
684.3
1488.7
190.0
-431.0

476.7
214.7
262.1
1362.1
1838.8
1846.1
2489.8
493.1
2478.1
763.6
1525.0
189.4
-481.4

517.6
232.4
285.2
1399.3
1916.9
1923.6
2619.1
597.7
2624.8
862.3
1560.2
202.3
-603.4

564.8
253.4
311.4
1544.3
2109.2
2121.4
2908.0
677.7
2849.2
1000.2
1698.8
150.2
-618.9

616.7
267.8
348.9
1698.7
2315.4
2339.0
3126.7
911.7
2804.3
960.2
1844.1

768.9
305.3
463.6
2057.8
2826.7
2869.6
3722.1
1366.3
3006.6
1039.7
1966.9

886.0
347.7
538.4
2243.0
3129.0
3174.4
3925.4
1659.3
3161.6
1027.4
2134.2

1070.8
429.5
641.3
2541.1
3611.9
3668.4
4610.4
1930.6
3691.4
1199.2
2492.2

1216.9
457.6
759.3
2672.7
3889.6
3974.0
4999.9
2419.9
3965.1
1269.5
2695.6

1345.9
478.5
867.4
2960.3
4306.2
4396.8
5446.8
2849.2
4310.5
1379.8
2930.7

-589.2

-650.8

-895.5

-1011.5

-1385.2

-1712.9

24.6
32.3

26.8
35.6

25.2
39.6

15.8
40.3

20.5
43.4

8.0
38.6

19.3
41.9

4.8
39.7

6.9
43.2

9.6
43.8

4.2
42.1

10.0
41.2

9.8
40.8

22.1
45.1

10.7
45.4

15.4
46.8

7.7
48.5

10.7
47.8

49.8
290.9
50.9
493.6

56.3
410.7
40.4
665.1

74.0
528.0
42.3
921.8

99.0
609.2
43.6
1365.7

114.7
751.3
44.4
1763.6

135.4
801.6
55.4
1726.9

175.7
889.2
74.6
1745.9

194.7
953.5
82.8
1973.9

202.2
1177.1
108.9
2363.1

262.1
1240.4
121.6
2478.1

285.2
1240.7
158.6
2624.8

311.4
1266.7
277.7
2849.2

348.9
1276.8
421.9
2804.3

463.6
1500.3
557.6
3006.6

538.4
1505.6
737.4
3161.6

641.3
1424.5
1116.6
3691.4

759.3
1633.0
1039.7
3965.1

867.4
1797.2
1163.1
4310.4

Price Indexes annual change, percent

Consumer price index
Food price index
Wholesale price index
Implicit GDP deflator

Money supply (M2) k annual change, percent

M2 percent of GDP at current market prices
Deposit Money Banks
Demand deposits
Savings deposits
Time deposits
Domestic credits outstanding

Page 4 of 10

387.0 I
192.3 I
194.7 I
1036.2 I
1423.2 I
1427.4 I
I
342.7 I
2087.8 I
581.0 I
1292.6 I
214.2 I
-1007.3 I

Key Indicators for Asia and the Pacific 2011

Philippines
1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

Interest Rates l percent per annum; period averages

On deposits
Savings
Time: 6 months m
12 months n
On loans and discounts

8.3
10.3
11.0
14.6

8.0
10.7
12.0
15.0

8.0
9.3
10.7
14.6

8.0
11.5
9.9
14.8

9.1
11.2
11.4
16.2

11.0
12.7
13.3
18.4

7.3
9.1
12.8
11.8

7.4
8.0
10.5
10.9

7.5
9.5
10.8
12.4

4.2
5.0
9.2
8.9

4.2
5.3
8.0
9.5

4.3
6.3
8.2
10.1

3.8
5.2
6.0
10.1

3.5
4.9
5.0
9.7

2.2
3.4
3.1
8.7

2.2
4.1
4.0
8.8

2.1
2.7
2.5
8.5

1.6
3.1
2.1
7.7

336.2
335.4
305.5
271.3
34.2
29.9
0.7
319.9
319.2
277.3
41.9
0.7
28.2
-12.0
16.3

361.2
360.2
337.5
310.5
26.9
22.8
1.0
350.1
346.3
289.1
57.3
3.8
48.4
-34.5
11.1

410.4
409.9
404.2
367.9
36.3
5.7
0.6
404.2
403.0
353.1
50.0
1.2
51.2
-44.3
6.3

471.8
470.1
460.7
412.2
48.5
9.4
1.7
470.3
468.9
419.4
49.5
1.4
41.3
-40.1
1.6

462.5
462.1
460.4
416.6
43.8
1.7
0.4
512.5
512.2
467.9
44.2
0.3
-7.5
-42.5
-50.0

478.5
478.2
474.0
431.7
42.3
4.2
0.3
590.2
587.0
524.2
62.7
3.2
-50.2
-58.5
-111.7

514.8
513.4
508.7
460.0
48.7
4.6
1.4
649.0
646.3
585.4
60.9
2.6
-76.7
-56.3
-134.2

567.5
565.5
564.3
493.6
70.7
1.2
2.0
714.5
710.6
...
...
3.9
...
...
-147.0

578.4
577.4
576.8
507.6
69.1
0.6
1.1
789.1
786.5
...
...
2.6
...
...
-210.7

639.7
638.5
638.0
550.5
87.5
0.6
1.2
839.6
834.0
...
...
5.6
...
...
-199.9

706.7
706.6
706.2
605.0
101.3
0.4
0.1
893.8
888.1
...
...
5.7
...
...
-187.1

816.2
816.1
813.6
705.6
108.0
2.4
0.1
962.9
961.2
...
...
1.7
...
...
-146.8

979.6
979.5
973.6
859.9
113.8
5.8
0.2
1044.4
1044.3
...
...
0.1
...
...
-64.8

1136.6
1136.4
1045.8
932.9
112.9
90.6
0.2
1149.0
1139.3
...
...
9.8
...
...
-12.4

1202.9
1202.8
1171.5
1049.2
122.3
31.3
0.1
1271.0
1256.6
...
...
14.4
...
...
-68.1

1123.2
1123.0
1121.6
981.6
140.0
1.4
0.2
1421.7
1416.7
...
...
5.1
...
...
-298.5

1207.9
1207.5
1206.6
1093.6
113.0
0.9
0.4
1522.4
1513.1
...
...
9.3
...
...
-314.5

-10.4
-11.6
5.7

24.3
-13.3
-22.0

49.3
-6.0
-49.6

-20.3
-6.8
25.5

76.6
12.3
-38.9

98.9
82.8
-70.0

119.5
84.4
-69.6

152.3
22.9
-28.2

155.0
109.1
-53.4

143.0
143.9
-87.0

161.4
81.2
-55.5

143.3
92.7
-89.2

-10.6
120.8
-45.3

42.9
56.2
-86.7

169.3
-9.2
-92.0

77.4
152.5
68.7

218.6
133.0
-37.2

19.8
16.0
18.9
1.0

18.9
16.3
18.2
0.6

18.9
16.9
18.6
0.3

19.4
17.0
19.3
0.1

15.7
14.1
17.3
-1.7

14.7
13.3
18.1
-3.4

14.3
12.8
18.1
-3.7

14.5
12.7
18.3
-3.8

13.8
12.1
18.7
-5.0

14.0
12.1
18.3
-4.4

13.8
11.8
17.3
-3.7

14.4
12.4
16.9
-2.6

15.6
13.7
16.7
-1.0

16.5
13.5
16.5
-0.2

15.6
13.6
16.3
-0.9

14.0
12.2
17.7
-3.7

13.4
12.1
16.8
-3.5

327.8
59.7
23.1
45.1
7.9
4.9
1.3
90.1
20.6

372.1
65.6
27.5
61.7
8.4
6.9
3.3
109.4
23.6

416.1
79.2
31.0
74.7
11.3
10.1
5.2
105.4
28.9

491.8
92.6
29.2
95.0
14.2
20.3
2.4
131.8
40.9

537.4
101.3
31.5
106.9
13.5
22.8
2.8
129.4
31.3

580.4
105.9
33.0
110.6
15.0
24.9
4.1
139.2
33.0

682.5
122.5
36.2
116.8
14.7
26.4
8.3
167.2
35.0

707.1
121.1
36.0
117.1
12.9
35.4
1.8
156.5
38.6

742.0
132.9
38.9
125.4
14.5
36.3
0.8
151.3
34.8

825.1
141.2
44.4
129.0
12.4
39.1
3.0
169.9
39.7

867.0
139.3
42.7
128.8
14.5
44.8
1.6
168.2
34.7

947.6
169.0
47.6
131.2
13.9
46.2
3.0
173.9
47.0

1044.8
178.7
51.5
144.2
16.1
50.8
6.1
221.9
47.7

1155.5
202.4
62.2
167.4
18.2
52.2
7.9
293.2
69.1

1314.6
238.6
62.0
186.6
18.6
70.3
9.4
359.1
104.6

1434.1
273.0
63.0
208.7
23.4
75.6
8.4
402.5
95.8

1540.6
285.6
73.4
240.6
40.0
103.6
5.5
398.9
104.1

GOVERNMENT FINANCE billion Pesos; fiscal year ending 31 December

Central Government
Total revenue and grants
260.4
Total revenue
258.9
Current revenue
257.2
Taxes
230.2
Nontaxes
27.0
Capital receipts
1.7
Grants
1.5
Total expenditure and net lending
282.3
Total expenditure
279.1
Current expenditure
234.6
Capital expenditure
44.6
Net lending
3.1
Current surplus/deficit
22.6
Capital account surplus/deficit
-42.9
Overall budgetary surplus/deficit
-21.9
Financing
Domestic borrowing
-28.6
Foreign borrowing
12.9
Use of cash balances
37.5
Government Finance percent of GDP at current market prices
Total revenue
17.6
Taxes
15.6
Total expenditure
18.9
Overall budgetary surplus/deficit
-1.5
Expenditure by Function, Central Government
Total o
General public services
Defense
Education
Health
Social security and welfare
Housing and community amenities
Economic services
Agriculture p

313.7
48.3
20.0
39.0
7.0
3.3
1.7
64.7
15.6

Page 5 of 10

PHILIPPINES

Items

ASIAN DEVELOPMENT BANK

Philippines
Items

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2.9
9.3
22.8
14.3
129.9

5.7
9.8
35.6
18.2
95.8

6.5
7.4
40.9
31.0
89.3

5.2
3.8
42.9
24.6
99.4

5.9
8.2
48.4
28.3
106.4

4.7
5.5
58.1
29.8
129.3

4.0
9.5
54.6
38.1
147.8

6.3
5.8
75.6
44.5
190.3

3.8
8.9
61.7
43.4
226.2

5.2
7.7
53.8
49.6
242.0

3.9
8.1
67.1
51.0
286.1

4.9
9.3
66.8
52.5
327.2

4.7
8.4
57.3
56.4
362.7

5.8
13.8
93.9
60.8
375.6

8.2
20.0
126.3
69.7
352.0

7.4
20.1
146.8
80.1
370.0

8.2
35.5
167.2
95.8
379.6

8.0
23.7
151.5
111.7
393.1

44.3
10.3
4.8
29.3
38.5

57.6
12.9
6.6
38.0
52.6

66.5
15.7
7.2
43.7
64.4

77.4
19.3
9.1
49.0
72.4

94.7
23.4
10.8
60.4
91.5

102.8
25.0
11.9
65.9
99.6

121.6
27.3
11.1
83.2
114.1

138.0
30.1
13.7
94.2
131.4

138.1
32.8
10.5
94.8
136.9

159.7
38.5
11.1
110.1
140.8

177.3
41.8
13.1
122.4
156.5

178.9
43.5
14.4
121.0
160.8

197.9
50.1
17.1
130.7
170.8

225.8
54.8
20.6
150.4
192.9

237.0
56.8
22.6
157.6
210.1

275.1
62.8
26.7
185.5
234.3

...
...
...
...
...

...
...
...
...
...

11375
18773
-7398

13483
22638
-9155

17447
28488
-11041

20543
34701
-14158

25228
38581
-13353

29496
31530
-2034

35037
32568
2469

38078
33807
4271

32150
34939
-2789

35208
41092
-5884

36231
42576
-6345

39681
46102
-6422

41255
49487
-8233

47410
54078
-6668

50466
57996
-7530

49078
60420
-11342

38436
45878
-7442

51432
58229
-6797

15.8
21.4

18.5
20.6

29.4
25.8

17.7
21.8

22.8
11.2

16.9
-18.3

18.8
3.3

8.7
3.8

-15.6
3.3

9.5
17.6

2.9
3.6

9.5
8.3

4.0
7.3

14.9
9.3

6.4
7.2

-2.8
4.2

-21.7
-24.1

33.8
26.9

Direction of Trade million US Dollars; calendar year

Exports, total
1. United States
2. Japan
3. China, Peoples Rep. of
4. Hong Kong, China
5. Singapore
6. Netherlands
7. Germany
8. Malaysia
9. Korea, Rep. of
10. Thailand

11274
4342
1811
167
546
378
358
580
160
220
167

13450
5178
2020
164
651
707
515
664
221
291

17388
6217
2740
209
822
994
798
699
314
442
799

20581
6966
3668
328
868
1224
1115
847
687
371
780

25249
8856
4194
244
1172
1621
1663
1060
640
436
856

29514
10145
4232
344
1326
1832
2319
1035
1142
509
634

35496
10493
4660
575
1947
2467
2865
1229
1479
1032
842

38229
11406
5609
663
1907
3124
2982
1329
1377
1173
1206

32155
8994
5057
793
1580
2308
2976
1323
1112
1044
1358

35219
8691
5293
1356
2359
2472
3055
1386
1653
1339
1083

36237
7275
5768
2145
3094
2431
2922
1219
2463
1314
1234

39690
7209
7983
2653
3146
2631
3583
1436
2070
1113
1064

41224
7429
7203
4077
3339
2706
4032
1346
2457
1391
1169

46991
8608
7741
4617
3676
3449
4753
1775
2616
1408
1325

50483
8601
7304
5750
5804
3139
4150
2149
2507
1784
1403

49148
8216
7707
5469
4987
2607
3708
2440
1958
2523
1509

39530
6924
6392
2986
3297
2616
3712
2579
1358
1862
1275

56988
7724
7355
10939
4357
7608
2063
2428
1486
2102
1959

Imports, total
1. Japan
2. United States
3. Singapore
4. China, Peoples Rep. of
5. Korea, Re. of
6. Saudi Arabia
7. Thailand
8. Malaysia
9. Hong Kong, China
10. Indonesia

17647
4022
3532
979
182
902
740
179
358
879
343

22554
5447
4162
1489
320
1170
994
212
487
1146
398

28312
6303
5225
1278
660
1428
1719
422
622
1374
620

31978
6916
6243
1689
653
1643
1630
575
792
1343

39152
7955
7624
2287
972
2295
1110
865
1017
1636
773

29536
6030
6561
1740
1199
2189
607
794
924
1300
592

30764
6136
6366
1742
1040
2723
811
822
979
1226
705

34492
6511
6413
2325
786
2754
1048
879
1307
1243
693

33059
6633
6412
2073
975
2082
887
925
1080
1335
760

35435
7233
7289
2311
1252
2754
1000
1052
1293
1583
765

37510
7640
7407
2542
1798
2401
1198
1361
1359
1601
829

44044
7674
8276
3421
2659
2740
1275
1572
1981
1739
939

47420
8071
9105
3727
2973
2294
2182
1583
1779
1929
1003

51539
7004
8404
4356
3672
3218
2981
2089
2100
2065
990

55514
6842
7843
6219
4001
3278
3526
2277
2283
2219
1250

60432
7122
7738
6218
4561
3129
5154
2998
2583
2102
1602

45882
5765
5488
3931
4060
3161
1558
2596
1787
1548
1915

74304
10682
7529
7093
10316
3683
2389
4965
2098
2163
3116

Industry q
Electricity, gas, and water
Transport and communications
Other economic services r
Others s
Provincial and Other Local Governments
Revenue
Tax
Nontax
Subsidy/grants
Expenditure
EXTERNAL TRADE million US Dollars; calendar year
Exports, fob
Imports, cif
Trade balance
External Trade annual change, percent
Exports
Imports

Page 6 of 10

Key Indicators for Asia and the Pacific 2011

Philippines
Items

1994

1995

1996

1997

BALANCE OF PAYMENTS t million US Dollars; calendar year

Current account
-3016
Balance on goods u
-6222
Exports
11375
Imports
-17597
Other goods, services, and income
2507
Credit
7497
Debit
-4990
Current transfers v
699
Credit
746
Debit
-47
Capital account v
...
Financial account w
...
Direct investment
864
Portfolio investment
1132
Financial derivatives
...
Other investments
1123
Net errors and omissions x
-83
Change in NFAcommercial banks y
-299
Monetization of gold
113
Overall balance z
-166
Changes in reserves
166

-2950
-7850
13483
-21333
3964
10550
-6586
936
1041
-105
...
...
1289
888
...
1696
51
674
154
1802
-1802

-3297
-8944
17447
-26391
4765
14374
-9609
882
1147
-265
...
...
1361
1348
...
120
358
564
177
631
-631

-3953
-11342
20543
-31885
6800
19006
-12206
589
1185
-596
...
...
1338
4065
...
1458
-3213
4214
198
4107
-4107

-4351
-11127
25228
-36355
5696
22835
-17139
1080
1670
-590
...
...
1113
1179
...
3113
-5710
1188
105
-3363
3363

21.0
-33.3
-12.2
-4.6
2.8

23.5
-35.6
-12.1
-4.4
0.9

24.8
-38.5
-13.7
-4.8
5.0

30.6
-44.2
-13.5
-5.3
-4.1

INTERNATIONAL RESERVES million US Dollars; as of end of period

Total
5921
Gold, national valuation
1245
Foreign exchange
4546
Reserve position in the Fund
120
SDRs
10

7142
1104
5887
127
24

7799
1403
6259
129
8

11773
1715
9931
125
2

EXCHANGE RATES Pesos per US Dollar

End of period
Average of period

27.70
27.12

24.42
26.42

26.21
25.71

EXTERNAL INDEBTEDNESS million US Dollars; as of end of year

Total debt outstanding and disbursed
36142
Long-term debt
29898
Public and publicly guaranteed
27688

40257
33477
29913

39379
33372
28525

Balance of Payments percent of GDP at current market prices

Exports
20.9
Imports
-32.4
Balance on goods
-11.4
Current account balance
-5.5
Overall balance
-0.3

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

-2875
-5977
34243
-40220
-2682
6191
-8873
5784
5969
-185
163
4022
1114
3315
8
-415
2281
...
...
3591
-3591

-2228
-5971
37347
-43318
-1900
6713
-8613
5643
5909
-266
138
3225
2115
-553
44
1619
-1644
...
...
-509
509

-1750
-6265
31313
-37578
-2345
6625
-8970
6860
7119
-259
62
849
335
1027
-15
-498
637
...
...
-202
202

-282
-5530
34403
-39933
-2432
6734
-9166
7680
7948
-268
27
1029
1477
746
-21
-1173
36
...
...
810
-810

285
-5851
35339
-41190
-2250
6719
-8969
8386
8626
-240
54
672
188
562
-64
-14
-896
...
...
115
-115

1625
-5684
38794
-44478
-1851
7768
-9619
9160
9420
-260
17
-1647
109
-1713
-27
-16
-275
...
...
-280
280

1980
-7773
40263
-48036
-1638
8462
-10100
11391
11711
-320
40
2189
1665
3475
-43
-2908
-1799
...
...
2410
-2410

5341
-6732
46526
-53258
-1124
10832
-11956
13197
13511
-314
138
-118
2818
3043
-138
-5841
-1592
...
...
3769
-3769

7112
-8391
49512
-57903
1350
15117
-13767
14153
14573
-420
24
3503
-620
4623
-288
-212
-2082
...
...
8557
-8557

3627
-12885
48253
-61138
1265
15690
-14425
15247
15780
-533
53
-1702
1285
-3627
-113
753
-1889
...
...
89
-89

9358
-8842
37610
-46452
1921
16726
-14805
16279
16910
-631
104
-1731
1604
-625
32
-2742
-1310
...
...
6421
-6421

8465
-10384
50684
-61068
2254
19336
-17082
16595
17419
-824
98
7850
1226
4018
-191
2797
-2010
...
...
14403
-14403

40.8
-40.9
-0.0
2.4
2.1

41.3
-48.5
-7.2
-3.5
4.3

46.1
-53.5
-7.4
-2.7
-0.6

41.1
-49.3
-8.2
-2.3
-0.3

42.3
-49.1
-6.8
-0.3
1.0

42.1
-49.1
-7.0
0.3
0.1

42.5
-48.7
-6.2
1.8
-0.3

39.1
-46.6
-7.5
1.9
2.3

38.1
-43.6
-5.5
4.4
3.1

33.1
-38.8
-5.6
4.8
5.7

27.7
-35.1
-7.4
2.1
0.1

22.3
-27.6
-5.3
5.6
3.8

25.4
-30.6
-5.2
4.2
7.2

8769
1472
7178
118
2

10829
1555
9150
123
2

15052
1782
13143
120
7

15063
1973
12975
113
2

15692
2216
13353
110
14

16365
3036
13201
119
10

17063
3408
13523
130
2

16228
3112
12980
136
1

18494
2568
15800
125
1

22967
2941
19891
132
2

33751
3541
30071
138
1

37551
4358
33047
135
11

44243
5460
37504
138
1141

62373
7010
53991
251
1121

26.29
26.22

39.98
29.47

39.06
40.89

40.31
39.09

50.00
44.19

51.40
50.99

53.10
51.60

55.57
54.20

56.27
56.04

53.07
55.09

49.13
51.31

41.40
46.15

47.49
44.32

46.36
47.68

43.89
45.11

44001
35626
27072

50706
38057
26395

53608
46183
29173

58321
51549
34771

58304
50777
33744

58252
50300
29210

59906
52661
32319

62589
55213
36147

60968
55165
35981

61658
54874
35364

60282
55273
36751

65910
58826
37959

64875
57874
39077

62911
58909
41738

...
...
...

1546 I
-28 I
29496 I
-29524 I
1139 I
13917 I
-12778 I
435 I
758 I
-323 I
... I
... I
1592 I
-29 I
... I
2971 I
-492 I
-4347 I
118 I
1359 I
-1359 I

Page 7 of 10

PHILIPPINES

1993

ASIAN DEVELOPMENT BANK

Philippines
Items

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

Private nonguaranteed
Short-term debt
Use of IMF credit

2209
5035
1210

3564
5716
1064

4847
5279
728

8554
7969
405

11662
11794
855

17010
5857
1568

16779
4949
1822

17033
5495
2032

21090
6000
1952

20342
5559
1686

19066
6179
1197

19184
5046
756

19510
6395
389

18522
5009
0

20867
7084

18797
7001

17171
4002
...

...
...
...

64.9
82.7
13.9

61.2
83.2
14.2

51.7
84.7
13.4

51.0
81.0
18.1

59.1
75.1
23.3

78.2
86.1
10.9

72.7
88.4
8.5

72.3
87.1
9.4

76.6
86.3
10.3

73.3
87.9
9.3

78.9
88.2
9.9

70.2
90.5
8.3

62.6
89.0
10.4

51.8
91.7
8.3

46.0
89.3
10.7

38.7
89.2
10.8

39.2
93.6
6.4

...
...
...

26.1

19.3

16.3

13.6

9.5

10.9

15.9

16.0

24.7

24.8

24.3

24.7

20.4

23.9

15.7

19.1

18.5

...

Debt service million US Dollars; transactions during the year

Principal repayments on long-term debt
2702
Interest on long-term debt
1772
Interest on short-term debt
309

2250
1659
403

2737
1859
351

2890
1674
478

2125
1715
474

2365
1962
287

3949
2048
323

4047
2469
442

5946
3039
279

6653
2924
165

6733
2699
132

7240
3540
200

6085
3254
286

9399
3521
363

6340
3450
345

8219
3697
284

6380
3430
70

5566
2232
...

Average terms of new commitments

Interest percent per annum
Maturity years
Grace period years
Grant element percent

4.3
21.0
6.8
38.5

4.8
24.2
8.2
39.7

6.2
17.5
9.4
24.8

4.7
21.2
10.2
34.2

5.7
19.8
8.0
30.1

6.1
18.4
10.6
26.3

6.8
16.4
9.8
19.6

5.2
10.4
4.9
25.2

6.3
12.9
9.1
23.5

5.6
9.4
6.8
18.2

6.7
10.1
8.0
14.1

6.9
12.3
9.4
17.4

7.2
18.6
15.2
19.5

5.2
22.5
13.8
36.4

3.3
20.2
8.7
44.2

5.6
15.3
11.6
29.0

...
...
...
...

External debt percent of GNI

Total long-term debt percent of total debt
Short-term debt
Debt service percent of
exports of goods and services

5.5
17.1
5.7
27.4

a Data for 19931999 are based on the interim population estimates of NSCB Resolution No. 2 (Series of 2002). Adoption of the Decennial Census-Based Population Growth Rates.
Data for 20002009 are based on the 2000 census-based medium assumption population projections.
b Data are based on household population of 15 years old and over with past week as reference period.
Data starting 2007 are average estimates of the results of the four rounds of the Labor Force Survey (LFS) using the 2000 census-based population projections.
For 2005, data are average of three rounds of the LFS (see footnote c).
c Beginning April 2005, the definition of unemployed was revised to include all persons who are 15 years old and over and are reported as: (1) without work; (2) currently available
for work; and (3) seeking work or not seeking work due to valid reasons.
d Beginning 1998, compilation follows the 2000 Revised/Rebased PSNA implemented in 2011.
e Official per capita figures for 1998-2001 were re-adjusted according to official population projection figures.
f Beginning 1995, data were converted from barrels to metric tons using a conversion factor of 1 barrel = 0.15897882 metric tons.
g Refers to refinery run and energy uses and losses.

h
Includes beverages and tobacco.
i Beginning 2001, data series based on the monetary survey concept were revised to adopt the depository corporations survey concept, which expanded the coverage of other
depository corporations to include thrift banks, nonstock savings and loan associations, and nonbanks with quasi-banking functions, along with commercial and rural banks.
j Includes liabilities excluded from broad money (Other Liabilities) beginning 2001.
k Data for 2001 is not comparable with those of the other years since it was calculated using the pre-2001 monetary survey concept.
l Refers to the weighted average interest rates of sample commercial banks.
m Refers to rates charged on interest-bearing deposits with maturities of less than or equal to 1 year.
n Refers to rates charged on interest-bearing deposits with maturities of over 1 year.

o
On obligation basis.
p Includes agrarian reform and natural resources.

q
Includes trade and tourism.
r Includes subsidy to local government units.
s Includes other social services, social service subsidy to local government units, net lending, debt service, and land distribution.
t Beginning 1999, the IMF's Balance of Payments Manual 5 was adopted where the overall BOP position refers to the change in the net international reserves.
Revisions in the compilation methodology of trade-in goods, services, income, current transfers, and financial account were likewise undertaken.

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Key Indicators for Asia and the Pacific 2011

Philippines
Prior to 1999, trade-in goods data included all goods leaving the country and entering any of the seaports and airports.
Data from 1999 onward included only shipped goods that involve a change in ownership.
Prior to 1999, both current and capital transfers were reported under the transfers account.
Beginning 1999, current transfers were reported under the transfers account while capital transfers were reported under the capital account.
Prior to 1999, the financial account consists of medium- and long-term loans, trading of bonds in the secondary market, investments, change in commercial banks net foreign
assets, and short-term capital. From 1999 onward, the capital account is presented separately from the financial account with transactions on loans being recorded under financial
account other investment; bonds, under portfolio investment; and intracompany loans, under direct investment.
From 1993 to 1998, item includes data on revaluation adjustments, unremittable arrears/adjustments and purchase of collateral when such transactions occur.
Beginning 1999, net unclassified items is used as an offsetting account to the overstatement or understatement in either receipts or payments of the recorded BOP components vis-a-vis the overall BOP position.
Beginning 2002, change in commercial banks' net foreign assets is derived by deducting foreign assets from foreign liabilities. This includes assigned capital of foreign banks in local branches that are converted to pesos.
Beginning 1999, overall BOP position is determined by deducting change in reserve liabilities from change in reserve assets.

Sources:

Population
Official communication, 29 April 2011; past communication. National Statistical Coordination Board.


Urban Population
World Development Indicators & Global Development Finance (databank.worldbank.org/ddp/home.do, downloaded June 2011). World Bank.


Labor Force
Official communication, 29 April 2011; past communication. National Statistical Coordination Board.

National Accounts
For 19931997, National Income Acounts of the Philippines. National Statistical Coordination Board.

For 19982010, official communication, 12 May 2011. National Statistical Coordination Board.


Production Indexes


Agriculture
FAOSTAT (faostat.fao.org/site/612/default.aspx#ancor, downloaded June 2011). Food and Agriculture Organization.


Mining

Official communication, 29 April 2011; past communication. National Statistical Coordination Board.

Manufacturing

Energy
Official communication, 6 May 2011; past communication. Department of Energy.


Retail Prices
Official communication, 27 April 2011; past communication. National Statistics Office.

Price Indexes
Official communication, 27 April 2011; past communication. National Statistics Office.

Money and Banking
Official communication, 3 May 2011; past communication. Bangko Sentral ng Pilipinas.

Government Finance
Official communication, 19 April 2011; past communication. Bangko Sentral ng Pilipinas.


Expenditure by Function
Official communication, 28 April 2011; past communication. Department of Budget and Management.


Provincial and Other
Local Governments
For 19932008, official communication, 16 May 2011. Bureau of Local Governent Finance.

Page 9 of 10

PHILIPPINES

u

v

w


x

y
z

ASIAN DEVELOPMENT BANK

Philippines

External Trade
For 19931996, official communication, 11 April 1997. National Statistical Coordination Board.

For 1997, Foreign Trade Statisics of the Philippines.
"

For 19982010, official communication, 27 April 2011. National Statistics Office.


Direction of Trade
Direction of Trade Statistics CD-ROM, May 2011. International Monetary Fund.

Balance of Payments
Official communication, 19 April 2011; past communication. Bangko Sentral ng Pilipinas.
International Reserves
International Financial Statistics CD-ROM, May 2011. International Monetary Fund.
Exchange Rates

External Indebtedness
World Development Indicators & Global Development Finance (databank.worldbank.org/ddp/home.do, downloaded May 2011). World Bank.

Page 10 of 10